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That is a very good point, even more worrying. Maybe the snake gm got his final payout.

I’m literally posting facts.

Val - the company released an rns today which states that the cash position is £13.5m lower than a year prior. That’s burning cash of over £1m per month, not hard to understand even for you.

Bladder likely because the company is bleeding out to the tune of £1m+ per month

Answer the questions

Please tell me something good in that rns.

Last year guidance was £100m, would £84m have ‘been in line’?

£84m actual *

Please tell me something good in that rns.

Last year guidance was £100m, would £84m have ‘been in line’?

The fact they claim it’s in line with guidance tells story. 16%+ materiality is quite something.

We don’t have a ceo.

-20% ish

Or the best is behind? Bleeding more than £1m a month with no £15m covid income this year.

Bleeding cash £13m a year with next to no income? And isn’t gm due another huge payout?

No future sales outlook.

What isn’t bad?

And?

“ During 2022, the Company made good progress transitioning away from COVID-19 revenue and beginning to deliver against its growth strategy, as outlined at the full year 2021 results.”

Are they serious?

Wasn’t guidance 25-35m revs? How is 16%-40% under that n in line with forecast?

So we now sit waiting 3 months for next update.

Brutal, as expected. 50p

No. 80/90% drop 2022 and likely ~99% in 2023.

Poidster - sad but true. The scumbags have another 2 years in which they can cause havoc. I imagine their sole focus now is selling as much of it as possible and then landing jobs with the private firms once they’re booted out. And the people of this country are letting them do it due to the daily Mail and its ilk.

People will realise when it’s too late. When a heart operation bankrupts their family, when treatment for their unwell child makes them well their house to pay etc. They’ll ask “what hsppened?”.

All in front of our eyes and we’re allowing it

Unfortunately mac they seem to just do online meetings these days where the questions can presumably be meticulously cherry picked. If every one of investor meetings (if any), agm’s etc are not in person this year it’s clear they don’t want to be accountable.

Let’s face it, we got the online thing in 2020 and 2021 but last year was unnecessary and if they do it this year it’s a complete disgrace.

and?